Abu dhabi: IHC, a global investment company, has unveiled plans to merge its flagship portfolio companies, 2PointZero, Multiply Group, and Ghitha Holding, into a singular investment powerhouse valued at approximately AED 120 billion. This merger aims to create one of Abu Dhabi's largest listed investment entities, marking a significant milestone in the region's economic landscape.
According to Emirates News Agency, the new merged entity will be named 2PointZero Group PJSC (2PointZero) and will continue to be listed on the Abu Dhabi Securities Exchange (ADX). The merger unifies platforms across sectors crucial for future global growth, bolstering global competitiveness, operational efficiency, and long-term shareholder value.
The merger aligns with IHC's strategy to form a next-generation investment holding company that powers everyday life and drives long-term growth. With a combined asset value of approximately AED 120 billion, the newly formed entity will focus primarily on the Energy and Consumer sectors. This strategic focus aims to leverage rising energy demand, AI innovation, global consumer growth, and expanding food security needs.
The transaction, expected to be completed by mid-November, strengthens IHC's position as a key leader in sustainable value creation, further establishing it as a transformative force in the global economy. The merger brings together the complementary strengths of three leading investment platforms under IHC, focusing on energy and consumer sectors, which are vital drivers of both regional and global growth.
The new entity will develop a vertically integrated energy platform to deliver sustainable growth and long-term value, while maintaining leading positions across essential consumer categories. Operations will span more than 85 countries, setting the stage for significant global impact.
Today's economic landscape is characterized by synchronized expansion in energy demand and consumer spending. By 2050, global energy usage is expected to rise by more than 20%, while projections indicate over one billion new middle-class consumers by 2030. The new entity aims to capture these opportunities through a strategy emphasizing world-class governance, robust capital, and sector leadership.
Investing in the merged company offers shareholders access to dynamic growth and transformation in both energy and consumer sectors. A resilient investment approach, combined with strategic acquisitions, will unlock new synergies for long-term value creation.
2PointZero, a transformational investment company, holds scalable assets in energy, mining, and financial services. It acts as an AI enabler and accelerates the global energy transition, aiming for a smarter, more sustainable future. Multiply Group operates across five consumer-focused sectors and employs AI-driven strategies to enhance portfolio performance. Meanwhile, Ghitha Holding, a conglomerate in agriculture and food production, continues to advance the UAE's food security agenda.
The merger will be executed through a share-swap mechanism, with Multiply Group issuing approximately 23.36 billion new shares to acquire stakes in 2PointZero and Ghitha Holding. The share capital will increase from AED 2.8 billion to AED 8.64 billion, resulting in 34.56 billion shares outstanding post-completion.
The transaction is subject to shareholder and regulatory approvals, with completion expected by mid-November 2025. Further details will be announced upon conclusion of the review procedures.
The formation of 2PointZero highlights IHC's vision to create dynamic value networks through innovation, scale, and disciplined growth, solidifying its role as a catalyst for enduring value creation for the UAE and the global economy.
